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For sale
  • Price cut: $29.9K (3/10)
    $230,000

    5550 S Baileyville Rd, Baileyville, IL 61007

    3beds
    1,633sqft
    : 
    Single Family Residence
    Built in 1922
    2.02 Acres Lot
    $221,200 Zestimate®
    $141/sqft
    $-- HOA

    What's special

    Main-floor bedroomUpdated bathroomMain-floor laundryOversized two-car garageHigh-efficiency natural gas furnaceCentral airNew flooring
    Located in the Forreston School District, on 2 acres this 1.5-story home offers more space than it appears, featuring approximately 1,633 square feet and a functional layout designed for everyday living. The main floor includes main-floor laundry, a large kitchen with a movable island/table wth access to a spacious deck, ideal for outdoor dining and entertaining. A versatile office or family room with access to the spaciou deck provides flexible living space, while the living room, main-floor bedroom, and full bath complete the main level. Upstairs, you will find two additional bedrooms along with a walk-in closet, offering extra storage or potential dressing space. Additional features include an oversized two-car garage, new well (2019), new flooring, updated bathroom, high-efficiency natural gas furnace, and central air. Outdoor storage and hobby space abound with a 10' x 20' outbuilding perfect for a garden shed and a 16' x 22' building, great for a chicken coop. A great opportunity for buyers seeking space, functionality, and rural lifestyle amenities offering low maintenance and move in ready.
    65 days
    |
    1,035
    |
    37
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 10, 2026 at 09:04am

    Listed by:

    Aubra Palermo 815-297-1778,

    Re/Max Unites

    Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202600463MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Main
      • Area: 165
      • Dimensions: 15 x 11
      Bedroom 2
      • Level: Upper
      • Area: 345
      • Dimensions: 23 x 15
      Bedroom 3
      • Level: Upper
      • Area: 204
      • Dimensions: 17 x 12
      Kitchen
      • Level: Main
      • Area: 255
      • Dimensions: 17 x 15
      Living room
      • Level: Main
      • Area: 294
      • Dimensions: 21 x 14
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Refrigerator, Stove/Cooktop, Water Softener, Electric Water Heater
      Features
      • Walk-In Closet(s)
      • Basement: Partial
      • Number of fireplaces: 1
      • Fireplace features: Electric
      Interior area
      • Total structure area: 1,633
      • Total interior livable area: 1,633 sqft
      • Finished area above ground: 1,633
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Covered
      • Has view: Yes
      • View description: Country
      Lot
      • Size: 2.02 Acres
      Details
      • Additional structures: Shed(s)
      • Parcel number: 041929400009

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Vinyl
      • Roof: Shingle
      Condition
      • Year built: 1922

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      Community
      • Subdivision: IL
      Location
      • Region: Baileyville

      Financial & listing details

      • Price per square foot: $141/sqft
      • Tax assessed value: $116,904
      • Annual tax amount: $2,974
      • Price range: $230K - $230K
      • Date on market: 1/29/2026
      • Cumulative days on market: 66 days
      • Ownership: Fee Simple
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        Estimated market value

        $221,200

        $210,000 - $232,000

        $1,362/mo

        Price history

        Price history
        DateEventPrice
        3/10/2026Price change$230,000-11.5%$141/sqft
        Source: NorthWest Illinois Alliance of REALTORS® #202600463 Report a problem
        1/29/2026Listed for sale$259,900+117.7%$159/sqft
        Source: NorthWest Illinois Alliance of REALTORS® #202600463 Report a problem
        10/19/2005Sold$119,400$73/sqft
        Source: Agent Provided Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$2,974 +8.5%$38,968 +16.1%
        2023$2,742 +1.2%$33,567 +1.2%
        2022$2,709 +7%$33,166 +7.9%
        2021$2,531 +11.7%$30,729 +13.1%
        2020$2,266 +0.3%$27,160 +2%
        2019$2,259 +1.5%$26,627 +2.8%
        2018$2,226 +0.7%$25,914 +2.1%
        2017$2,211 +22.4%$25,376 -17.9%
        2016$1,807 +1.9%$30,893 +1.5%
        2015$1,774 -2.1%$30,436 -4.7%
        2013$1,813 $31,942 -8.9%
        2010-- $35,070
        2009-- $35,070 +13.8%
        2008-- $30,811

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $1,688/mo
        Principal & interest
        $1216
        Property taxes
        $472
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          Climate risks

          Neighborhood: 61007

          Getting around

          0 / 100
          Car-Dependent
          22 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Forreston Grade
          • Middle: Forreston Junior/Senior High
          • High: Forreston Junior/Senior High
          • District: ForrestVille Valley 221

          Source: NorthWest Illinois Alliance of REALTORS®. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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